• Completes all tax calculations including exemptions, special rates, caps and thresholds
• Seamlessly transmits tax calculation results to your business' accounting or finance software for presentment on a transaction document or UI screen
• Records tax calculation results in the Sales and Use Tax Solution Audit File for
• later reporting
• Provides comprehensive reporting with line item detail
• Includes the industry's most comprehensive Product Taxability Matrix
• Handles full and partial exemptions and has the ability to prevent overrides
• Operates in conjunction with Taxware's WorldTax Solution for global tax calculation

The industry's most comprehensive Product Taxability Matrix

• Includes a database of rules for thousands of situations, including full and partial exemptions, special rates, caps, and thresholds
• Contains over 2,000 classifications of products and services
• Researched, maintained, and constantly expanded by our in-house tax professionals
• Ability to map products to the Matrix and add customized product codes unique to your business
• Detailed file for internal and external audits
• Resulting data may be fed into the Taxware Filing Solution for automated tax returns and reporting

Addresses tax compliance for purchases with consumer's use tax capabilities

• Allows for tax decisions by vendor, business location, product, service, cost center or project

Ease of use with flexible Graphical User Interface (GUI)

• Tax professionals can set up and maintain the Sales and Use Tax Solution with minimum IT support
• Security features control access to specific functions
• Greater functionality for your business' tax structure because of one-time set up on:
• Product mapping
• Report generation
• Tax rate and code updates

Easy administration of tax collection obligations

• Establish multiple or separate business location profiles, even if each location has its own individual taxing requirements
• Turn off the taxing jurisdictions where your business does not have a tax collection obligation
• Ensures precise taxing jurisdiction assignment through VeraZip
• Provides a simple and flexible solution using modern, address-driven methodology based on ZIP Codes
• Interfaces with your company's enterprise system, providing accurate tax jurisdiction assignment
• Identifies ZIP Codes within multiple counties and/or cities, and outside city limit conditions
• Captures additional information, such as county name and code

Sales Tax Exemption Processing (STEP): The industry's only buy-side/sell-side exemption processing

• Customizes the maintenance of tax exemption records by storing and tracking exemption certificates for future use
• Integrates with a client's billing or invoicing system through the Taxware Sales and Use Tax Solution
• Helps you avoid costly exemption errors

Complete exemption flexibility

• Automatically calculates exemptions by location, product or service, customer, vendor, cost center, business location, project, job or any combination of the above
• Ability to customize exemptions for any client or vendor transaction
• Permits selection of tax jurisdiction level to which the exemption will apply
• Creates a complete log of tax-exempt certificates
• Allows total control over tax-exempt client and/or vendor criteria by the tax department
• Identifies certificates nearing expiration and flags them in advance of expiration date